Centerspace (CSR) Stock Price, News & Analysis

Company Overview

Centerspace (NYSE:CSR) is a real estate investment trust that owns, operates and manages apartment communities. The company focuses on providing rental housing and generating income through multifamily properties, with operations concentrated in select markets across the Upper Midwest and Mountain West regions of the United States.

Its portfolio includes apartment communities serving a range of residents and household needs. Centerspace is involved in property management, leasing, resident services, maintenance and the ongoing improvement of its communities. The company’s geographic footprint has included markets in Minnesota, Colorado, Montana, Nebraska, North Dakota, South Dakota and Wisconsin.

Centerspace was formerly known as Investors Real Estate Trust and adopted the Centerspace name in 2021 as part of a broader repositioning of its business around multifamily housing. The company is headquartered in Minneapolis, Minnesota, and has been led by Mark O. Decker Jr., who has served as its chief executive officer.

Key Stats

• Today's Range: $55.00 to $56.18
• 50-Day Range: $52.27 to $58.55
• 52-Week Range: $52.00 to $69.61
• Volume: 330,665 shs
• Average Volume: 328,683 shs
• Market Capitalization: $937.55 million
• P/E Ratio: 44.24
• Dividend Yield: 5.53%
• Price Target: $64.00
• Consensus Rating: Hold

Centerspace Stock Analysis - MarketRank™

Centerspace scored higher than 51% of companies evaluated by MarketBeat, and ranked 123rd out of 187 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Centerspace has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on no strong buy ratings, 2 buy ratings, 7 hold ratings, and 1 sell rating.

Upside Potential

Centerspace has a consensus price target of $64.00, representing about 14.8% upside from its current price of $55.74.

Amount of Analyst Coverage

Centerspace has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -3.64%

Earnings Growth

Earnings for Centerspace are expected to decrease by -3.64% in the coming year, from $4.67 to $4.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Centerspace is 44.24, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Centerspace is 44.24, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 27.28.

Price to Book Value per Share Ratio

Centerspace has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.14% of the float of Centerspace has been sold short.

Short Interest Ratio / Days to Cover

Centerspace has a short interest ratio ("days to cover") of 2.93, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Centerspace has recently increased by 11.78%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Centerspace is a leading dividend payer. It pays a dividend yield of 5.61%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Centerspace has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of Centerspace is 244.44%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Centerspace will have a dividend payout ratio of 68.44% next year. This indicates that Centerspace will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: N/A

News Sentiment

Centerspace has a news sentiment score of 1.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Real Estate companies.

Search Interest

Only 1 people have searched for CSR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Centerspace insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.49% of the stock of Centerspace is held by insiders.

Percentage Held by Institutions

79.00% of the stock of Centerspace is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/14 Dividend: 6/29/2026
• Ex-Dividend for 7/14 Dividend: 6/29/2026
• Dividend Payable: 7/14/2026
• Last Earnings: 8/03/2026
• Record date for 10/14 Dividend: 9/29/2026
• Ex-Dividend for 10/14 Dividend: 9/29/2026
• Today: 10/10/2026
• Dividend Payable: 10/14/2026
• Next Earnings (Estimated): 11/02/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: Residential REITs
• Sub-Industry: Multi-Family Residential REITs
• Current Symbol: NYSE:CSR
• CIK: 798359
• Web: www.centerspacehomes.com
• Phone: (701) 837-4738
• Fax: 701-838-7785
• Employees: 349
• Year Founded: 1970

Price Target and Rating

• Average Price Target for Centerspace: $64.00
• High Price Target: $80.00
• Low Price Target: $57.00
• Potential Upside/Downside: +14.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.26
• Trailing P/E Ratio: 44.24
• Forward P/E Ratio: 11.94
• P/E Growth: N/A
• Net Income: $17.59 million
• Net Margins: 7.97%
• Pretax Margin: 10.35%
• Return on Equity: 2.58%
• Return on Assets: 1.11%

Debt

• Debt-to-Equity Ratio: 0.87
• Current Ratio: 0.03
• Quick Ratio: 0.03

Sales & Book Value

• Annual Sales: $273.66 million
• Price / Sales: 3.43
• Cash Flow: $8.13 per share
• Price / Cash Flow: 6.86
• Book Value: $50.28 per share
• Price / Book: 1.11

Miscellaneous

• Outstanding Shares: 16,820,000
• Free Float: 16,712,000
• Market Cap: $937.55 million
• Optionable: Optionable
• Beta: 0.84